Insider Selling: U-SWIRL Director Unloads 48,000 Shares of Stock (SWRL)
U-SWIRL (NASDAQ:SWRL) Director Bryan J. Merryman sold 48,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $0.48, for a total transaction of $23,040.00. Following the completion of the transaction, the director now directly owns 50,000 shares in the company, valued at approximately $24,000. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of U-SWIRL (NASDAQ:SWRL) opened at 0.45 on Monday. U-SWIRL has a one year low of $0.41 and a one year high of $1.38. The stock has a 50-day moving average of $0.62 and a 200-day moving average of $0.75. The company’s market cap is $8.0 million.
U-Swirl, Inc is in the business of offering consumers frozen desserts such as yogurt and sorbet. The Company has launched a national chain of self-serve frozen yogurt cafes called U-Swirl Frozen Yogurt and is franchising this concept.
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